all 33 comments

sorted by: hot top controversial new old
[–] 40 points 2 days ago

I wonder if Kalshi will set odds on the outcome of this suit?

  • source
  • [–] 69 points 2 days ago (6 children)

    "I lose $30,800 shame on me.

    I lose $308,000 shame on you."

    Hope he wins.

  • source
  • hideshow 6 child comments
  • [–] 19 points 2 days ago (4 children)

    Hope he wins.

    Because you are tired of Kalshi?

  • source
  • parent
  • hideshow 4 child comments
  • [–] 84 points 2 days ago (3 children)

    Two reasons:

    1. Prediction markets ARE gambling and need to be regulated as such before it has a chance to create victims or empower insider trading.
    2. My moral philosophy is to side with the underdog.
  • source
  • parent
  • hideshow 3 child comments
  • [–] 4 points 2 days ago

    My moral philosophy is to side with the underdog.

    I go into every sportsball game with this worldview. I don't care who's playing, I just like seeing the fallow with an upset victory and the response from the people that care way too much about something that ultimately doesn't really matter.

  • source
  • parent
  • [–] 6 points 2 days ago

    Thanks. I have heard people complain about the constant ads, and I didn't know if that was what got you too. I don't watch anything on TV anymore (I do streaming) so I never see them.

  • source
  • parent
  • load more comments (-1 replies)
  • [–] 58 points 2 days ago (7 children)

    I hope he wins, but I'm guessing first thing they're doing is saying "He signed a forced arbitration clause, and here's the 42 places in the ToS where he signed that he was okay with it", and the judge will throw it out

  • source
  • hideshow 7 child comments
  • [–] 39 points 2 days ago (4 children)

    Forced arbitration illegal when?

  • source
  • parent
  • hideshow 4 child comments
  • [–] 9 points 2 days ago (2 children)

    A lot of arbitration clauses can be opted out of. This was the case with most of my credit card agreements when I was reading through them. It involves sending a letter saying that you want to opt out of arbitration. The clause is usually within the mass of text and not easy to find, but it's there.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 9 points 2 days ago (1 child)

    A lot of arbitration clauses are thrown out by courts once they manage to get it in front of a real judge and not a paid stooge. The feeling you get when the arbitrator goes against the company paying them though.

  • source
  • parent
  • hideshow 1 child comment
  • [–] 1 point 1 day ago

    Also, many arbitration clauses state that the company pays for arbitration costs as long as your claim is not frivolous. There was an attempted class-action case against Valve some time ago, and Valve pleaded that the contract required individual arbitration. So the law firm representing the customers filed tens of thousands of demands for arbitration for each individual customer, each of which surely would result in hundreds or thousands of dollars in arbitration costs for Valve...

  • source
  • parent
  • [–] 20 points 2 days ago

    It's a bold strategy, Cotton

  • source
  • [–] 36 points 2 days ago (3 children)

    These polymarkets need to be declared illegal, and all money returned, win or lose. Those that won get to keep their winnings.

  • source
  • hideshow 3 child comments
  • [–] 6 points 2 days ago (1 child)

    And the people who run this shit need to go to jail. I'm sure a lot of them would rat out their corrupt buddies for a reduced sentence.

  • source
  • parent
  • hideshow 1 child comment
  • [–] 2 points 1 day ago

    Trump's son is on the board at Kalshi and consults for polymarket or something to that effect. It was seriously the "no one can stop us we'll just claim we're regulated by CTFC which your dad controls" grift.

  • source
  • parent
  • [–] 13 points 2 days ago

    Sounds like he's doubling down in the bet

  • source
  • [–] 18 points 2 days ago (1 child)
  • [–] 9 points 2 days ago

    TIL Kalshi doesn't work from Italy.

    I know it's just because it would does affect the Italian Gov betting business but it's still nice.

  • source
  • [–] 8 points 2 days ago

    Will there be a bet on the outcome of the law suit?

  • source
  • [–] 6 points 2 days ago

    Putting "bets" and "sues" in the same sentence is no different than asking for jumper cables if you crash landed a rocket ship into the moon.

  • source
  • [–] 6 points 1 day ago

    Somehow I doubt he would have sued them if he won.

  • source
  • [–] 2 points 2 days ago (3 children)

    Remember, Kalshi will turn around and have you believe this guy is the best at predicting virtually anything.

  • source
  • hideshow 3 child comments
  • [–] 11 points 2 days ago (2 children)

    What's the bet on him losing this case

  • source
  • parent
  • hideshow 2 child comments